10, MEREWOOD CLOSE, BROMLEY, BR1 2AN - £805,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MEREWOOD CLOSE is a large detached house of 164m², built sometime between 1967 and 1975. It was last sold for £805,000 in June 2016, which was around 5% below the average June 2016 detached price in the Bromley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

10 MEREWOOD CLOSE Sold Prices

Land registry data shows two sales for 10 MEREWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. One of the two 10 MEREWOOD CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 14 JUN	£805,000	£844,631	5% below HPI
2003 15 JUL	£435,000	£425,424	2% above HPI

10 MEREWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 10 MEREWOOD CLOSE sales from July 2003 and June 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 10 MEREWOOD CLOSE?

10 MEREWOOD CLOSE is 164m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 10 MEREWOOD CLOSE lies on this distribution: 61% of detached houses are smaller than 10 MEREWOOD CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in London.

10 MEREWOOD CLOSE: Plot and Title Map

10 MEREWOOD CLOSE sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 10 MEREWOOD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 MEREWOOD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 MEREWOOD CLOSE?

10 MEREWOOD CLOSE is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 10 on MEREWOOD CLOSE.